Kobelco Construction Equipment India plans to double its production capacity to nearly 4,000 units per annum from the current 2,000 units in the next 2-3 years, according to the company. The expansion plan is to effectively serve the growing demand for construction equipment from the infrastructure sector.

MMD (India) a subsidiary of the UK-based MMD Mining Machinery Developments, has laid the foundation stone for its new production unit at Sri City. To start with, MMD will invest about Rs 100 crore in this project. It is expected to be commissioned by October next year

MMD Mining Machinery Developments in the United Kingdom has laid the foundation stone for its new production unit at Sri City Special Economic Zone in Andhra Pradesh. The company's Indian subsidiary MMD (India) to handle the production unit. The company will initially invest Rs 100 crore in this project and will offer employment to 200 people.